In 2024, the Mexican business magnate Carlos Slim Helu and his family had a fortune worth of 102 billion U.S. dollars and was thus the richest person in the country. The Helu family owns América Móvil, Latin America's biggest mobile telecom company.The second richest person in Mexico that year was German Larrea Velasco, who owns the majority of Mexico’s largest copper mining company, with a fortune of nearly 28 billion U.S. dollars.
In 2022, about 40 percent of adults in Mexico held a net worth under 10,000 U.S. dollars. In contrast, merely 393,000 Mexicans (that is, 0.4 percent of the total) had a net worth of over one million U.S. dollars. Mexico is one of the most unequal countries in Latin America regarding wealth distribution, with 78.7 percent of the national wealth held by the richest ten percent of the population.
The minimum salaryThe minimum wage per day guaranteed by law in Mexico was decreed to increase by 22 percent between 2021 and 2022, reaching 172.87 Mexican pesos in 2022. In the Free Zone located near the northern border the minimum daily wage was raised to 260.34 Mexican pesos.This represented the fourth consecutive incrase since 2019, but could prove to be insufficient to maintain the wellbeing of Mexican workers after the soaring inflation rate registered in 2022 and the economic impact of the COVID-19 in Mexican households. The legal minimum salary has a long history in the North American country, it was first implemented with the approval of the Political Constitution of the United Mexican States in 1917. Income inequality in Latin AmericaLatin America, as other developing regions in the world, generally records high rates of inequality, with a Gini coefficient ranging between 38 and 54 among the region’s countries. Moreover, many of the countries with the biggest inequality in income distribution worldwide are found in Latin America. According to the Human Development Report 2019, wealth redistribution by means of tax transfers improves Latin America's Gini coefficient to a lesser degree than it does in advanced economies. Wider access to education and health services, on the other hand, have been proven to have a greater direct effect in improving Gini coefficient measurements in the region.
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Net primary income (BoP, current US$) in Mexico was reported at --43693780290 USD in 2023, according to the World Bank collection of development indicators, compiled from officially recognized sources. Mexico - Net income (BoP, current US$) - actual values, historical data, forecasts and projections were sourced from the World Bank on June of 2025.
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Mexico MX: Households: Liabilities and Net Worth: Liabilities: Debt data was reported at 4,080,170.900 MXN mn in Mar 2021. This records an increase from the previous number of 4,029,541.000 MXN mn for Dec 2020. Mexico MX: Households: Liabilities and Net Worth: Liabilities: Debt data is updated quarterly, averaging 3,302,909.130 MXN mn from Mar 2013 (Median) to Mar 2021, with 33 observations. The data reached an all-time high of 4,080,170.900 MXN mn in Mar 2021 and a record low of 2,255,711.700 MXN mn in Mar 2013. Mexico MX: Households: Liabilities and Net Worth: Liabilities: Debt data remains active status in CEIC and is reported by International Monetary Fund. The data is categorized under Global Database’s Mexico – Table MX.IMF.FSI: 2006 Methodology: Sectoral Financial Statement: Balance Sheet: Quarterly.
The average personal wealth of the bottom 50 percent in Mexico was valued at -200 euros. That is, on average, people from this group had more debts than assets. On the other hand, the richest one percent held an average wealth of 2.91 million euros in this Latin American country. Similarly, Chilean's average personal wealth of the one percent reached 2.67 million euros that same year.
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Mexico MX: GDP: Net Income from Abroad data was reported at -516,558.509 MXN mn in 2017. This records an increase from the previous number of -518,737.476 MXN mn for 2016. Mexico MX: GDP: Net Income from Abroad data is updated yearly, averaging -18,453.327 MXN mn from Dec 1960 (Median) to 2017, with 58 observations. The data reached an all-time high of -4.485 MXN mn in 1967 and a record low of -518,737.476 MXN mn in 2016. Mexico MX: GDP: Net Income from Abroad data remains active status in CEIC and is reported by World Bank. The data is categorized under Global Database’s Mexico – Table MX.World Bank.WDI: Gross Domestic Product: Nominal. Net income includes the net labor income and net property and entrepreneurial income components of the SNA. Labor income covers compensation of employees paid to nonresident workers. Property and entrepreneurial income covers investment income from the ownership of foreign financial claims (interest, dividends, rent, etc.) and nonfinancial property income (patents, copyrights, etc.). Data are in current local currency.; ; World Bank national accounts data, and OECD National Accounts data files.; ;
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Graph and download economic data for Balance of Payments: Other Investment: Assets (or Net Acquisition of Assets) for Mexico (MEXB6FAOI02CXCUQ) from Q1 2006 to Q4 2024 about M&A, financial account, Mexico, BOP, investment, financial, and assets.
In 2024, Scotiabank's net income of Scotiabank declined to 10.93 billion Mexican pesos after reaching its peak of 11.3 billion Mexican pesos in the previous year. In 2024, the bank was ranked third among leading Mexican banks in terms of efficiency ratio, amounting to 47.8 percent.
Mexico MX: Central Government: Net Worth data was reported at -11,722,520.580 MXN mn in Sep 2024. This records a decrease from the previous number of -11,281,654.827 MXN mn for Jun 2024. Mexico MX: Central Government: Net Worth data is updated quarterly, averaging -8,728,683.286 MXN mn from Dec 2019 (Median) to Sep 2024, with 20 observations. The data reached an all-time high of -6,976,536.405 MXN mn in Dec 2019 and a record low of -11,722,520.580 MXN mn in Sep 2024. Mexico MX: Central Government: Net Worth data remains active status in CEIC and is reported by International Monetary Fund. The data is categorized under Global Database’s Mexico – Table MX.IMF.IFS: Government Finance: Balance Sheet: Quarterly.
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Mexico MX: GDP: sa: Net Primary Income from Aboard data was reported at -520,111.068 MXN mn in 2015. This records a decrease from the previous number of -441,424.652 MXN mn for 2014. Mexico MX: GDP: sa: Net Primary Income from Aboard data is updated yearly, averaging -806.500 MXN mn from Dec 1950 (Median) to 2015, with 66 observations. The data reached an all-time high of 0.000 MXN mn in 1954 and a record low of -520,111.068 MXN mn in 2015. Mexico MX: GDP: sa: Net Primary Income from Aboard data remains active status in CEIC and is reported by International Monetary Fund. The data is categorized under Global Database’s Mexico – Table MX.IMF.IFS: Gross Domestic Product: by Expenditure: Seasonally Adjusted: Annual.
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Net primary income (Net income from abroad) (current US$) in Mexico was reported at --44632117174 USD in 2023, according to the World Bank collection of development indicators, compiled from officially recognized sources. Mexico - Net income from abroad - actual values, historical data, forecasts and projections were sourced from the World Bank on June of 2025.
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Households: Liabilities and Net Worth: Liabilities data was reported at 4,080,170.900 MXN mn in May 2021. This stayed constant from the previous number of 4,080,170.900 MXN mn for Apr 2021. Households: Liabilities and Net Worth: Liabilities data is updated monthly, averaging 3,302,909.130 MXN mn from Mar 2013 (Median) to May 2021, with 99 observations. The data reached an all-time high of 4,080,170.900 MXN mn in May 2021 and a record low of 2,255,711.700 MXN mn in May 2013. Households: Liabilities and Net Worth: Liabilities data remains active status in CEIC and is reported by International Monetary Fund. The data is categorized under Global Database’s Mexico – Table MX.IMF.FSI: 2019 Methodology: Sectoral Financial Statement: Balance Sheet.
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Net foreign assets (current LCU) in Mexico was reported at 4978059404858 LCU in 2024, according to the World Bank collection of development indicators, compiled from officially recognized sources. Mexico - Net foreign assets (current LCU) - actual values, historical data, forecasts and projections were sourced from the World Bank on June of 2025.
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Mexico MX: Net Acquisition of Financial Assets: % of GDP data was reported at 0.740 % in 2017. This records a decrease from the previous number of 1.725 % for 2016. Mexico MX: Net Acquisition of Financial Assets: % of GDP data is updated yearly, averaging -0.525 % from Dec 2008 (Median) to 2017, with 10 observations. The data reached an all-time high of 1.725 % in 2016 and a record low of -1.146 % in 2011. Mexico MX: Net Acquisition of Financial Assets: % of GDP data remains active status in CEIC and is reported by World Bank. The data is categorized under Global Database’s Mexico – Table MX.World Bank.WDI: Government Revenue, Expenditure and Finance. Net acquisition of government financial assets includes domestic and foreign financial claims, SDRs, and gold bullion held by monetary authorities as a reserve asset. The net acquisition of financial assets should be offset by the net incurrence of liabilities.; ; International Monetary Fund, Government Finance Statistics Yearbook and data files.; Weighted average;
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Net acquisition of financial assets (% of GDP) in Mexico was reported at 0.23417 % in 2023, according to the World Bank collection of development indicators, compiled from officially recognized sources. Mexico - Net acquisition of financial assets (% of GDP) - actual values, historical data, forecasts and projections were sourced from the World Bank on May of 2025.
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MX: Foreign Assets: Net data was reported at 3,484,454.652 MXN mn in 2017. This records a decrease from the previous number of 3,641,688.617 MXN mn for 2016. MX: Foreign Assets: Net data is updated yearly, averaging 7.660 MXN mn from Dec 1960 (Median) to 2017, with 58 observations. The data reached an all-time high of 3,641,688.617 MXN mn in 2016 and a record low of -306,587.363 MXN mn in 1995. MX: Foreign Assets: Net data remains active status in CEIC and is reported by World Bank. The data is categorized under Global Database’s Mexico – Table MX.World Bank.WDI: Net Foreign Assets. Net foreign assets are the sum of foreign assets held by monetary authorities and deposit money banks, less their foreign liabilities. Data are in current local currency.; ; International Monetary Fund, International Financial Statistics and data files.; ;
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Net acquisition of financial assets (current LCU) in Mexico was reported at 74400823003 LCU in 2023, according to the World Bank collection of development indicators, compiled from officially recognized sources. Mexico - Net acquisition of financial assets (current LCU) - actual values, historical data, forecasts and projections were sourced from the World Bank on May of 2025.
In 2021, BBVA Bancomer in Mexico generated a net income of approximately 60.3 billion Mexican pesos, up from 36.17 billion pesos reported a year earlier. Between 2015 and 2019, the net income of this bank increased by over 70 percent, before it dropped in 2020. In 2021, however, the net income of the bank increased significantly.
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Net primary income (Net income from abroad) (current LCU) in Mexico was reported at --792609138000 LCU in 2023, according to the World Bank collection of development indicators, compiled from officially recognized sources. Mexico - Net income from abroad (current LCU) - actual values, historical data, forecasts and projections were sourced from the World Bank on June of 2025.
In 2024, the banking industry in Mexico generated a net income of just over 288.3 billion Mexican pesos, up from 272.7 billion pesos a year earlier. That year, BBVA Bancomer was the financial institution with the highest net income in the Mexico.
In 2024, the Mexican business magnate Carlos Slim Helu and his family had a fortune worth of 102 billion U.S. dollars and was thus the richest person in the country. The Helu family owns América Móvil, Latin America's biggest mobile telecom company.The second richest person in Mexico that year was German Larrea Velasco, who owns the majority of Mexico’s largest copper mining company, with a fortune of nearly 28 billion U.S. dollars.